27 Aug, 2024

How NetSuite 2024.2 Release Warehouse Updates Maximize Efficiency

Are you ready to take your warehouse operations to the next level? NetSuite Warehouse Management System (WMS) is designed to optimize your business activities, increase efficiency, and provide you with greater control over your warehouse operations.   

Whether you are looking to improve order prioritization or automate key warehouse tasks, the latest NetSuite 2024.2 release enhancements are set to transform how you manage your warehouse. Let’s look at the latest developments and how they can transform your operations:   

What is NetSuite Warehouse Management System?  

The NetSuite Warehouse Management System (WMS) enhances the efficiency of day-to-day warehouse operations by utilizing best practices. NetSuite WMS optimizes all areas of warehouse management by automating processes and coordinating the many aspects of a warehouse including staff, equipment, inventory, and orders.   

The system provides real-time insights into your warehouse operations, from the exact location of each item to the number of employees working on the packing floor. These functionalizes enables you to manage and improve processes ranging from workforce scheduling to picking items, and shipping orders. This will ultimately result in time and cost savings.   

Additionally, the NetSuite WMS mobile app enables you to execute regular tasks like receiving, putting away, picking, and packaging, directly from your mobile devices. This mobility not only improves productivity and decreases errors associated with manual operations, but also ensures data accuracy and real-time visibility. This allows you to keep a competitive edge in the fast-paced industry.   

How the 2024.2 Enhancements Benefit Businesses 

The NetSuite 2024.2 release builds on the existing strengths of NetSuite WMS by introducing several enhancements that further improve warehouse management efficiency. Let’s take a closer look at the advanced features of NetSuite WMS in the 2024.2 release.  

  1. Time in Date Fields for Wave Transactions  

The latest update allows you to view time in the Created Date, Released Date, and Completed Date fields on wave transactions. With both date and time made available, you can prioritize orders more effectively.   

  1. Updated Wave Saved Search Criteria  

The addition of the Printed Pick Ticket filtering criteria in the Wave saved search provides greater control over the picking process. You can generate a list of waves with or without printed pick tickets by setting this filter in the saved search. This update allows for more precise management of pick tickets.   

  1. Cycle Counts Updates  

The new Generate from Plan mobile process allows you to create inventory counts directly from a cycle count plan on the app, streamlining inventory management. You can generate counts for up to ten items at a time for each plan. The update provides you with the ability to start and complete the cycle counts on the app, and automatically submit them for approval. This helps you maintain accurate inventory records and reduce discrepancies.   

  1. Scheduling Bin Replenishment  

You can now create and run schedules for bin replenishment directly from the NetSuite UI, ensuring that your bins are restocked on time and preventing both stockouts and overstock situations. When setting up a schedule, you can specify the frequency, start time, and end time. This feature not only improves inventory management but also reduces the manual workload.   

  1. Lot Autonumbering for Work Order Assembly  

You can automatically generate lot numbers during the assembly build process directly on the app by enabling autonumbering for lot items. This reduces manual entry errors and speeds up the assembly process, enabling you to meet production deadlines more effectively.   

  1. Bar Code Scanning for Bulk Serial Numbers   

The new rule for scanning bar codes with bulk serial numbers enhances efficiency by allowing you to scan up to 50 serial numbers at once. This is particularly beneficial for businesses dealing with large volumes of serialized items, as it reduces the time and effort required to process these items. Upon receiving a purchase order, you can scan the serialized item bar code without the need to individually enter or scan each serial number.   

  1. Changing Bins During Order Picking   

You can pick partial quantities of an item from different bins for all the sales or transfer orders. This improves the accuracy and speed of order fulfillment. This is especially useful for businesses managing large warehouses with multiple bins, as it allows for more efficient use of storage space and resources.   

How Can Your Business Benefit from NetSuite WMS? 

Here's how your business can profit from NetSuite WMS:   

  • Automate all aspects of warehouse operations to boost efficiency and decrease manual errors.  

  • Obtain instant insights on orders, inventory, and warehouse activities to enhance accuracy and decision-making.  

  • Improve picking, packing, and shipping processes with intelligent pick-and-pack features and mobile barcode scanning.   

  • Optimize warehouse management, minimize handling costs, and improve productivity.   

  • A system that grows with your company while keeping high levels of efficiency to adapt to its expansion.   

  • Seamlessly integrate with the systems of shipping partners, ensuring prompt and smooth order fulfillment.  

  • Enhance customer experience and loyalty by delivering orders more quickly and accurately.   

  • Leverage NetSuite WMS's capabilities to maintain steady business growth and tay competitive in the market.   

The Future of Warehouse Management with NetSuite WMS  

NetSuite WMS is positioned to become increasingly significant in warehouse management as businesses continue to evolve and adapt to the shifting market conditions. The updates included in the 2024.2 release are a testament to NetSuite’s commitment to innovation and ongoing development.   

You can anticipate even more flexibility, effectiveness, and control over your warehouse operations with NetSuite WMS, which will put you in a successful position in a market that is becoming increasingly competitive.   

Future updates to NetSuite WMS may incorporate even more advanced automation features, insights powered by AI, and enhanced integration with other business systems. These advancements will provide your business with even more ability to streamline its warehouse operations, cut expenses, and provide top-notch customer care.   

Explore our article to learn more about the NetSuite Analytics Warehouse: 

Take Your Data to the Next Level with NetSuite Analytics Warehouse 

Wrapping Up  

The NetSuite 2024.2 release brings a host of Warehouse Management enhancements. NetSuite offers you improved efficiency, accuracy, and control over your warehouse operations with this update. From advanced cycle counting and bin replenishment scheduling to streamlined lot numbering and bulk serial number scanning, these updates are designed to optimize your day-to-day tasks and reduce operational complexities. By leveraging these new features, you can enhance your warehouse management, minimize costs, and maintain a competitive edge.   

Want to learn more about the NetSuite 2024.2 release and how these enhancements can benefit your business? Don’t hesitate to reach out to us. We are here to help you make the most of these updates and maximize the potential of your NetSuite account.